Kentucky Retirement Systems Decreases Stake in NVR, Inc. (NYSE:NVR)

Kentucky Retirement Systems cut its holdings in shares of NVR, Inc. (NYSE:NVR) by 2.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 236 shares of the construction company’s stock after selling 7 shares during the period. Kentucky Retirement Systems’ holdings in NVR were worth $1,791,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Jump Financial LLC purchased a new stake in shares of NVR during the 4th quarter valued at about $371,000. Brown Advisory Inc. boosted its holdings in NVR by 41.0% in the fourth quarter. Brown Advisory Inc. now owns 86 shares of the construction company’s stock worth $602,000 after purchasing an additional 25 shares during the last quarter. UBS Group AG grew its position in NVR by 164.8% in the 4th quarter. UBS Group AG now owns 4,117 shares of the construction company’s stock worth $28,821,000 after purchasing an additional 2,562 shares during the period. Coldstream Capital Management Inc. purchased a new stake in NVR during the 4th quarter valued at $203,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of NVR by 2.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,886 shares of the construction company’s stock valued at $13,203,000 after buying an additional 54 shares during the period. 83.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NVR

In other news, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction on Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the transaction, the chief accounting officer now owns 230 shares in the company, valued at approximately $1,989,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CAO Matthew B. Kelpy sold 175 shares of NVR stock in a transaction on Friday, July 26th. The stock was sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at $1,989,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alfred E. Festa sold 148 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $8,585.95, for a total value of $1,270,720.60. Following the sale, the director now directly owns 173 shares of the company’s stock, valued at approximately $1,485,369.35. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 648 shares of company stock valued at $5,547,709. Insiders own 7.00% of the company’s stock.

NVR Stock Performance

Shares of NVR opened at $9,473.01 on Friday. The firm has a market capitalization of $29.68 billion, a P/E ratio of 19.74, a PEG ratio of 2.39 and a beta of 1.18. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. NVR, Inc. has a one year low of $5,210.49 and a one year high of $9,696.86. The business has a fifty day moving average of $8,798.26 and a 200 day moving average of $8,058.53.

NVR (NYSE:NVR) last released its quarterly earnings results on Tuesday, July 23rd. The construction company reported $120.69 EPS for the quarter, missing the consensus estimate of $121.65 by ($0.96). The business had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.48 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. As a group, sell-side analysts anticipate that NVR, Inc. will post 500.67 EPS for the current year.

NVR Company Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.